DTN Retail Fertilizer Trends

Fertilizer Prices Continue to Slump

Todd Neeley
By  Todd Neeley , DTN Staff Reporter
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Leading the discounting in fertilizer prices is potash. It remains 27% lower in DTN's year-over-year retail price surveys. (DTN chart)

OMAHA (DTN) -- Average retail prices for most fertilizers continued to fall in the final week of October, according to fertilizer retailers surveyed by DTN. Seven of the eight of the major fertilizers slipped 3% or less compared to a month earlier, but all remain significantly lower than a year ago.

On a national average basis, anhydrous settled at $472 per ton, 10-34-0 at $452 per ton, UAN32 at $262 per ton, MAP $451 per ton, DAP at $436/ton, potash at $313/ton, urea at $317/ton and UAN28 at $224/ton.

On a price per pound of nitrogen basis, the average urea price was at $0.34/lb.N, anhydrous $0.29/lb.N, UAN28 $0.40/lb.N and UAN32 $0.41/lb.N.

Retail fertilizers remain lower compared to a year earlier. All fertilizers are double digits lower.

Both DAP and MAP are now down 20%, 10-34-0 has dropped by 23%, while UAN32 is down 21%. Urea is 22% less expensive, UAN28 is 23% less expensive, anhydrous is 26% lower and potash is 27% less expensive compared to the previous year.

DTN collects roughly 1,700 retail fertilizer bids from 310 retailer locations weekly. Not all fertilizer prices change each week. Prices are subject to change at any time.

DTN Pro Grains subscribers can find current retail fertilizer price in the DTN Fertilizer Index on the Fertilizer page under Farm Business.

Retail fertilizer charts dating back to 2010 are available in the DTN fertilizer segment. The charts included cost of N/lb., DAP, MAP, potash, urea, 10-34-0, anhydrous, UAN28 and UAN32.

DTN's average of retail fertilizer prices from a month earlier ($ per ton):

DRY
Date Range DAP MAP POTASH UREA
Oct 26-30 2015 546 562 431 409
Nov 23-27 2015 543 556 422 397
Dec 21-25 2015 519 541 408 390
Jan 18-22 2016 495 520 392 381
Feb 15-19 2016 477 496 375 370
Mar 14-18 2016 477 499 369 390
Apr 11-15 2016 480 504 367 388
May 9-13 2016 476 502 366 385
June 6-10 2016 470 498 359 370
July 4-8 2016 469 496 359 361
Aug 1-5 2016 459 488 346 349
Aug 29-Sept 2 2016 449 464 327 326
Sept 26-30 2016 440 458 317 322
Oct 24-28 2016 436 451 313 317
LIQUID
Date Range 10-34-0 ANHYD UAN28 UAN32
Oct 26-30 2015 583 638 292 334
Nov 23-27 2015 580 624 286 325
Dec 21-25 2015 571 608 277 330
Jan 18-22 2016 571 581 272 319
Feb 15-19 2016 565 538 259 309
Mar 14-18 2016 560 566 276 312
Apr 11-15 2016 560 587 273 318
May 9-13 2016 561 588 274 321
June 6-10 2016 556 569 267 310
July 4-8 2016 546 554 261 304
Aug 1-5 2016 548 552 254 307
Aug 29-Sept 2 2016 493 509 233 275
Sept 26-30 2016 465 486 223 271
Oct 24-28 2016 452 472 224 262

Todd Neeley can be reached at todd.neeley@dtn.com

Follow him on Twitter @toddneeleyDTN

(MZT/AG)

Todd Neeley